NMI, a global leader in embedded payments, has announced a new embedded lending solution. The company calls this program NMI Business Capital. It allows partners to offer fast, pre-approved financing to their merchants. Partners include software companies and ISOs. Furthermore, it covers payment facilitators and merchant service providers. The company offers the capital directly within existing merchant portals. For partners, this is an easy way to help merchants access needed funding. They also earn extra revenue. Most importantly, they avoid any lending risk or extra workload. For merchants, this means faster access to working capital. This helps manage cash flow. They can use the funds to buy inventory. They can also invest in future growth.
Peter Galvin, Chief Growth Officer at NMI, shared his perspective.
“With 88% of small businesses in the U.S. reporting regular cash flow disruptions, access to funding has never been more critical. Running a business today means constantly balancing ambition with cash flow. With NMI Business Capital, we’re helping our partners give their merchants an easy way to bridge that gap, so they can invest in their businesses when it matters most. It’s funding built right into the platforms merchants already use and trust, without the friction or red tape of traditional lending.”
Transparent Funding for Growth
Merchants receive pre-approved offers for this solution. These offers are based on their specific sales history. Once merchants accept an offer, funds typically arrive quickly. This happens within one to two business days. Notably, payments are automated. They are taken as a percentage of daily sales. This structure helps merchants maintain control of their cash flow. Pricing is exceptionally clear and transparent. It includes one simple upfront fee. There is no compounding interest or hidden charges. The service also features no late fees. The NMI Business Capital solution integrates seamlessly. It requires no partner underwriting or compliance work. Partners can view real-time data on loan performance. This platform is powered by Parafin. Celtic Bank issues all loans.
Jordan McKee, Research Director at S&P Global Market Intelligence 451 Research, highlighted merchant expectations.
“Increasingly, businesses expect that same level of integration for how they get paid and manage cash flow. In fact, 69% of SMBs say they would like their software partners to offer integrated financial products. They desire a single, unified platform that handles both operations and money movement.”
The launch of NMI Business Capital turns merchant financing into a competitive advantage. It helps drive significant growth.
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News Source: Businesswire.com
